World’s first sovereign transition bonds debut in Tokyo
In a world first, Japan auctioned sovereign climate transition bonds yesterday although the bonds met with slightly weaker-than-expected demand.
Economy
US inflation rises in blow to Fed rate-cut hopes
US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any US Federal…
PM: New bumiputra growth areas needed
New bumiputra growth areas need to be identified so that the benefits can be enjoyed by everyone and not just…
Ringgit dips on stubborn US inflation
The uptick in US inflation data for January has strengthened the US dollar at the expense of other currencies including…
Moderate growth expected in 4Q23
Continued softness in the upcoming gross domestic product (GDP) numbers for the fourth quarter of 2023 (4Q23) is to be…
Japan’s economy slips into recession, raises BOJ policy uncertainty
TOKYO: Japan's economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data…
S. Korea’s dollar bond deals rise to record US$15bil
South Korean companies have issued a record volume of dollar bonds so far this year, as they lock in funding…
Australia’s biggest bank warns of economic downside as profit dips
SYDNEY: Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from continued high interest rates…
Vietnamese SMEs thrive on Amazon platform
Vietnamese small and medium enterprises (SMEs) are increasingly leveraging the Amazon platform not only to boost product sales but also…